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Trend-Following Backtester · Guide · backtest 한국어

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BlackRock Multi-Sector Income Trust backtest

10 trend-following strategies were compared on the full daily history of BlackRock Multi-Sector Income Trust. 8 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR -0.1%, MDD -1.6%).

Data 2013-02-26 ~ 2026-07-31daily bars 3,378 (13.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR -3.6%, drawdown -53.3%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 1.3%, MDD -3.5%, Sharpe 0.38, 0% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 4.9%p higher than buy and hold, while drawdown improves by 49.8%p (CAGR -0.1%, MDD -1.6%, exposure 0%).

The alternative must retain 75% of buy-and-hold CAGR, improve drawdown by at least 20% and 5 percentage points, and stay below 95% exposure; the ranking weights return retention 60% and drawdown improvement 40%.

Strategy · parametersCAGRMDDSharpeCalmarTotalTradesExposure
ROC 모멘텀
n=4, threshold=0.06
1.3%-3.5%0.380.371.2x80%
Supertrend
period=29, mult=5
0.9%-20.1%0.150.041.1x3646%
볼린저 밴드 돌파
n=85, k=2.9
0.2%-6.6%0.090.031.0x46%
Donchian 채널 돌파
entryN=103, exitN=49
0.1%-14.3%0.050.011.0x1630%
SMA 크로스오버
fast=22, slow=91
0.1%-30.7%0.050.001.0x3847%
Keltner 채널 돌파
emaPeriod=50, atrPeriod=24, mult=3.9
0.1%-14.7%0.050.011.0x1614%
EMA 크로스오버
fast=18, slow=113
-0.4%-30.1%-0.03-0.010.9x3044%
ADX / DI 방향성
period=25, threshold=32
-0.1%-1.6%-0.26-0.071.0x20%
Parabolic SAR
step=0.01, maxStep=0.34
-5.0%-50.1%-0.57-0.100.5x17853%
MACD
fast=17, slow=62, signal=23
-6.2%-58.0%-0.78-0.110.4x13849%
Buy and hold-3.6%-53.3%-0.17-0.070.6x1100%
1x 2014 2016 2018 2020 2022 2024 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -13% -27% -40% -53% 2014 2016 2018 2020 2022 2024 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -3.5% (2020-03-31 → 2020-04-02), recovered after 9 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

Method and caveats

Past performance does not guarantee future returns. Parameters were selected on the same full-history sample using sharpe over 40 trials per strategy, so results contain in-sample bias. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-run the same setupMore US assetsAll asset reports

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